Allcargo Logistics reported its monthly business update for May 2025, noting that despite geopolitical disruptions, the company saw YoY growth in key segments.
FCL volume stood at 56,684 TEUs in May 2025, similar to last month, reflecting a 6% YoY increase with growth across all major regions.
Air volume reached 3,060,000 kilos in May 2025, a 12% increase over last month and 4% YoY, with growth in North America, Latin America, and Europe.
LCL volume was 728,000 cubic meters in May 2025, a 3% increase from last month but a 4% decline YoY. Demand is expected to be volatile due to trade tensions. Container utilization has declined compared to last year.
LCL volume saw a month-on-month increase in Latin America, Europe, Asia Pacific, and the Indian Sub-continent, while a decline was seen in the USA, Canada, and the Middle East.